Average Price for property in Great Yarmouth is around £171,514 which varies based on type of property you are interested in and ranges from £239,823 for detached house to around £162,808 for semi-detached. Similarly terraced house is around £119,130 and a flat is worth £92,776. Values have been changing and have risen £409 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,539 in last 6 months, £9,056 in last 1 year, £12,199 in last 2 years, £18,175 in last 3 years, £17,236 in last 4 years and £11,036 in last 5 years.
Currently average asking price of a property in Great Yarmouth is around £185,701 based on approximately 1,404 properties for sale. Same is the case with rental options based on 183 properties up for rent, average asking rent is around £1,043 per month.
Estimated property value in Great Yarmouth is £171,514. Average asking price is £185,701 while average price paid is £154,095 which is up by £9,056 and Avg. asking rent £1,043.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Great Yarmouth area. In last 1 year alone average price buyer paid is around £154,095 based on approximately 1,404 sales in Great Yarmouth area alone. If you compare it to last 3 years sales of 4,006 properties where buyers paid around £151,712. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £150,126 for 6,467 and average amount paid for purchase of approx. 8,611 properties sold in last 7 years comes to about £149,245 per sale.